Macao SAR, China's net primary income (net income from abroad) (current LCU) was -4.75 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 93.23% from -70.1 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -4.75 billion | 2024 |
| Five years earlier | -52.53 billion | 2019 |
| Ten years earlier | -70.1 billion | 2014 |
| Highest | 38.02 billion | 2020 |
| Lowest | -70.1 billion | 2014 |
| Average since 2015 | -16.74 billion | 2015–2024 |
| First recorded | -656 million |
What the numbers say
In 2024, Macao SAR, China's net primary income (net income from abroad) (current LCU) rose 6.18 billion on 2023 (from -10.93 billion to -4.75 billion).
Across the 21 yearly changes before that (2003 to 2023), the average change was −489.21 million and a typical year strayed about 27.85 billion from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 90.56 billion in 2020 and the biggest yearly fall was 45.98 billion in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 6.77 billion a year. A straight line explains 37% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Macao SAR, China had the 28th highest value of the 39 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Macao SAR, China in the 2024 ranking
- Oman — 25th of 39: -2.37 billion
- Spain — 26th of 39: -4.02 billion
- Slovak Republic — 27th of 39: -4.24 billion
- Greece — 29th of 39: -6.73 billion
- United States — 30th of 39: -8.27 billion
- New Zealand — 31st of 39: -11.66 billion
What this measures
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 23 values
| Year | Net primary income (net income from abroad) (current LCU) |
|---|---|
| 2024 | -4,746,600,000 |
| 2023 | -10,929,400,000 |
| 2022 | 35,052,700,000 |
| 2021 | -1,276,800,000 |
| 2020 | 38,022,600,000 |
| 2019 | -52,534,300,000 |
| 2018 | -52,566,300,000 |
| 2017 | -44,782,000,000 |
| 2016 | -35,334,800,000 |
| 2015 | -38,352,200,000 |
Net primary income (net income from abroad) (current LCU) in nearby economies
- Australia — -77.35 billion (2025)
- Brunei Darussalam — 636.15 million (2025)
- Cambodia — -3.63 trillion (2025)
- China — -817.92 billion (2025)
- Fiji — -851.8 million (2025)
- French Polynesia — 76.13 billion (2024)
- Hong Kong SAR, China — 334.45 billion (2025)
- Indonesia — -633.52 trillion (2025)
- Japan — 38.6 trillion (2024)
More economic policy & debt data for Macao SAR, China
- Adjusted savings, education expenditure (% of GNI) — 4.4% (2021)
- Adjusted savings, carbon dioxide damage (current US$) — US$119.95 million (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Foreign direct investment, net inflows (BoP, current US$) — US$1.15 billion (2025)
- Food, beverages and tobacco (% of value added in manufacturing) — 50.99% (2024)
- Other manufacturing (% of value added in manufacturing) — 40.08% (2024)
- Textiles and clothing (% of value added in manufacturing) — 2.88% (2024)
- General government final consumption expenditure (current US$) — US$6.35 billion (2025)
Reading data like this
Questions people ask
- What is Macao SAR, China's net primary income (net income from abroad) (current LCU)?
- -4.75 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 623.57% from -656 million in 2002. The highest value was 38.02 billion in 2020 and the lowest -70.1 billion in 2014.
- How does Macao SAR, China rank?
- 28th highest of 39 economies with data for 2024.
- Is the latest change in net primary income (net income from abroad) (current LCU) unusual for Macao SAR, China?
- In 2024, Macao SAR, China's net primary income (net income from abroad) (current LCU) rose 6.18 billion on 2023 (from -10.93 billion to -4.75 billion). Across the 21 yearly changes before that (2003 to 2023), the average change was −489.21 million and a typical year strayed about 27.85 billion from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GSR.NFCY.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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